Semtech Recognized as 2022 Global Company of the Year Award by Frost & Sullivan for Market Leadership and Enabling Businesses to Optimize Processes and Efficiency
SAN ANTONIO, Jan. 31, 2023 /PRNewswire/ -- Recently Frost & Sullivan assessed the global Internet of Things (IoT) hardware industry and, based on its findings, recognizes Semtech with the 2022 Global Company of the Year Award for its IoT hardware. The company allows customers to connect end nodes and low-power wide area networks (LPWAN) remotely for IoT solutions easily and inexpensively through its LoRa-enabled hardware, disrupting the market. Semtech's LoRa® devices support the development of massive IoT use cases in different verticals, ranging from smart cities and homes to agriculture and logistics. With the sophisticated capabilities of high performance, high capacity, and inexpensive connectivity, Semtech's superior technologies are gaining mass adoption rates, reaching over 5 million gateways in service and 270 million endpoints deployed worldwide, as of September 2022.
- SAN ANTONIO, Jan. 31, 2023 /PRNewswire/ -- Recently Frost & Sullivan assessed the global Internet of Things (IoT) hardware industry and, based on its findings, recognizes Semtech with the 2022 Global Company of the Year Award for its IoT hardware.
- The company allows customers to connect end nodes and low-power wide area networks (LPWAN) remotely for IoT solutions easily and inexpensively through its LoRa-enabled hardware, disrupting the market.
- Semtech aligns its acquisition strategy with its future-driven vision of expanding LPWAN adoption because the global rollout of LPWAN is accelerating quickly.
- With its strong overall performance, Semtech earns Frost & Sullivan's 2022 Global Company of the Year Award in the IoT hardware industry.